Pencil Biosciences

BiotechnologySeedCheshire, UKpencilbiosciences.com

Latest round

Seed

Last raised

Aug 2023

Total raised

$10M

Investors

9

About Pencil Biosciences

Pencil Biosciences Limited is a UK-based biotech firm specializing in innovative gene editing technologies.Pencil Biosciences Limited focuses on developing pioneering gene editing solutions. Founded in 2018 in Cheshire, UK, the firm has undergone strategic pivots to refine its offerings.Pencil Biosciences Limited specializes in pioneering gene editing technologies through its innovative, fully synthetic, RNA-guided platform. This modular system addresses the limitations of existing gene editing technologies by offering a small, flexible, and non-CRISPR approach, aimed at reducing immunogenicity risks while expanding therapeutic applications for patients with rare diseases. The company's target customer base includes biopharmaceutical firms, research institutions, and healthcare organizations focusing on advanced therapeutics.Pencil Biosciences generates revenue through collaborations and partnerships with biopharmaceutical companies and research entities seeking to utilize its advanced gene editing technologies. The company engages in B2B transactions, providing tailored solutions through licensing agreements or contract-based research and development services. The company is focused on expanding its product offerings and plans to enter new markets, specifically targeting regions in Asia and North America by the end of 2024.

Who invested in Pencil Biosciences

9 investors across 2 rounds

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Funding rounds

  1. Seed

    Aug 16, 2023

    Amount

    $9.6M

    Investors

    Locked

  2. Seed

    Dec 11, 2019

    Amount

    $0.7M

    Investors

    Locked

Questions about Pencil Biosciences

Who invested in Pencil Biosciences?

Pencil Biosciences has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Pencil Biosciences raised?

Pencil Biosciences has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Pencil Biosciences last raise money?

Pencil Biosciences's most recent round on record is a Seed, in Aug 2023.

What does Pencil Biosciences do?

Pencil Biosciences Limited is a UK-based biotech firm specializing in innovative gene editing technologies.

Where is Pencil Biosciences headquartered?

Pencil Biosciences is headquartered in Cheshire, UK.

Which VCs invest in companies like Pencil Biosciences?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back biotechnology companies at Pencil Biosciences's stage. Their profiles are linked below.

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